BYD, Mercedes-Benz
BYD takes full control of Denza JV as Mercedes-Benz pulls back from China amid trade tensions
Benz, gaining complete control of the Denza brand amid rising trade tensions. The partnership lasted 13 years, ending as Mercedes reduced its stake due to poor sales while Denza’s new models gained popularity.
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
Mercedes EVs Quit China
Mercedes has ended its last relationship in China, which shows how difficult it is for legacy car companies from Europe, the US, and Asia to remain in the Chinese market while making a profit. According to The Wall Street Journal,
China: Mercedes-Benz speeds up digital transformation to tap Chinese market
Mercedes-Benz speeds up digital transformation to tap Chinese market (Voice_over) Beijing Benz, the 20-year joint venture between Mercedes-Benz Group and Chinese automaker BAIC Motor, is accelerating the digital transformation of its factories in China to remain competitive in the world's largest passenger vehicle market.
Mercedes Cuts Ties with BYD as Chinese Rival Gains Ground in Europe
Mercedes-Benz has officially ended its 13-year partnership with Chinese automaker BYD, marking the close of an era in their joint venture, Denza. The collaboration, which began in 2011, was initially created to produce affordable vehicles for the Chinese market.
Mercedes Withdraws From Denza, BYD Takes Full Ownership
The brand's current generation of cars don't feature any technologies from Mercedes, so customers won't notice any differences
Electrek22h
BYD would still have the cheapest EV in the US, even with a 100% tariff
Even with the new 100% tariff on electric vehicles imported from China, BYD would still have the cheapest EV in the US. According to a new report, BYD’s lowest-priced EV would still undercut all US ...
autoevolution1d
BYD Wants to Conquer the Commercial Vehicles Face of Europe at IAA Transportation 2024
Based on market capitalization, China's BYD Auto is one of the most valuable car manufacturers in the world - and wants to ...
Geely Auto's Big Underrated Potential
Geely Auto’s (GELYF) quiet journey to the top echelons of the Chinese automotive space has been impressive. Check out my ...
Assembly Mag13d
New Study Claims That BYD Is World’s Top EV Manufacturer
According to a new study conducted by ABI Research, BYD Auto Co. is the top electric vehicle manufacturer in the world, just ...
BYD Lifts Annual Sales Target to 4 Million EVs, Plug-in Hybrids
Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid ...
Electrek4d
BYD is now the world’s largest automaker by R&D workforce after major hiring spree
China’s BYD now has the world’s largest R&D workforce of any automaker after its latest hiring spree. With over ...
BYD: Record Sales, Low Valuation
BYD's record sales growth, high profit margins, and global success make it a top investment in the EV sector, despite EU ...
Automotive News7d
BYD sets higher annual sales target, brokerage report shows
The goal would put BYD almost at par with Ford, which ranked sixth by global sales in 2023 with 4.4 million vehicles sold.
BYD's global expansion push runs into stiff Japan test
BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to ...
Paul Tan6h
BYD Malaysia dealer network now up to 23 – expanded to northern region, Sabah and Sarawak; more to come
Malaysian BYD distributor Sime Darby Beyond Auto has announced it has expanded its dealer network to 23 outlets, spanning much of Peninsular Malaysia as well as Sabah and Sarawak. Its latest locations ...